Fintech

Fintech Rundown: A Quick Review of Weekly News

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We’re halfway through 2024, which leaves us with six months to wrap up our 2024 initiatives. While the news typically slows down in July, however, some of the drama between banks and regulators is heating up. Stay tuned for this week’s news as we post updates and developments.

Wealth management

Black rock buy British data group Preqin for $3.2 billion.

Payments

Comfy protects $5M Credit Line to Accelerate BNPL Plans.

Fraud and Identity Management

Karma Control raises $45 million.

Evolve Bank & Trust Hit By Ransomware Attack, he confirms stolen customer data.

Digital Bank

Cloud Bank acquires Hyperplane to accelerate AI-first strategy.

Midges partner with Logicom Solutions.

Plaid has grown up its corporate customer base to over 1,000.

DeFi and Cryptocurrencies

Monetary base sue SEC, FDIC on FOIA requests, say federal regulators are trying to exclude cryptocurrencies.

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